A reader of my recent end game maritime fuels piece asked a simple question. If Europe keeps pushing carbon prices higher, and if policymakers model €150, €300, or even higher per ton of CO2 in long term guidance, does shipping become inflationary? Does decarbonizing maritime trade raise the cost of … [continued]
Carbon leakage refers to the risk of emissions shifting outside of areas where there are climate policies in order to avoid paying the extra costs of complying with these policies. For aviation this means passengers choosing transfers at hubs near EU borders, such as Istanbul, Doha and Dubai, to avoid … [continued]
EU regulators have little to fear from shipping companies evading the bloc’s carbon market if it is applied to long-distance voyages, a new study shows.
China has detailed plans for the world’s largest emissions trading system covering more than 1,700 power companies and 3 billion tonnes in total greenhouse gas emissions.
The European Union has announced that it will link its emissions trading system with Switzerland’s own system, following a decision made by the European Commission.
The European Commission has released a new set of proposals set to pave the way for the region’s “Energy Union.” The European Commission revealed a series of proposals on Wednesday that it hopes will “deliver a new deal for energy consumers … launch a redesign of the European electricity market … [continued]
With a new report on energy decarbonization, the International Energy Agency has just made a major contribution toward implementing the greenhouse gas reduction agreements outlined at the recent UN climate negotiations in Lima (COP20). The agency, an autonomous organization, was founded after the 1970s oil crisis—a fossil fuel disaster many of us … [continued]
Originally published on ThinkProgress. By Jeff Spross. Agreement in Denmark’s parliament this week cleared the way for passage of climate targets that would outstrip the recent goals set by the European Union. The bill would establish a legally binding requirement that Denmark cut its greenhouse gas emissions by 40 percent below 1990′s … [continued]
Kazakhstan will institute a greenhouse gas emissions trading system on businesses emitting more than 20,000 tons of CO2 annually, starting January 1, 2013. […]
India may soon join the European Union (EU) in efforts to reduce emissions from its aviation industry. The country’s Directorate General of Civil Aviation (DCGA) earlier this month required that the civil aviation sector begin monitoring all carbon emissions from airports to create a national carbon inventory.
